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Dec 28, 2012
12/12
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leaders from capitol hill today, hoping to avoid the fiscal cliff, combination of spending cuts and tax hikes with will go into effect unless lawmakers can broker a deal before the end of the year. will meet with congressional white house. it may be too late for a deal. there are just four days left before the fiscal cliff deadline. jive to be very honest mr. president, -- >> i have to be very honest mr. president, i don't know time-wise how it can happen now. >> reporter: senate majority leader harry reid]vtkÑ lashed ot at speaker boehner accusing him of running a tar forship. >> john boehner seems to -- >> reporter: republican leaders blame democrats for the standoff and say there are limits to a compromise. >> republicans aren't about to write a blank cheque or anything senate democrats put forward just because we find ourselves at the edge of the cliff. that wouldn't be fair to the american people. >> reporter: president obama flew home early from his hawaii vacation yesterday. speaker boehner call the house back into town for an unusual sunday session. members of congress understa
leaders from capitol hill today, hoping to avoid the fiscal cliff, combination of spending cuts and tax hikes with will go into effect unless lawmakers can broker a deal before the end of the year. will meet with congressional white house. it may be too late for a deal. there are just four days left before the fiscal cliff deadline. jive to be very honest mr. president, -- >> i have to be very honest mr. president, i don't know time-wise how it can happen now. >> reporter: senate...
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. >>> president obama has a new attack line in his stump speech and it targets mitt romney and his tax proposals. >> the president: he would ask the middle class to pay more in taxes so he could i go another $250,000 tax cut to people making more than three million dollars a year. [ booing ] >> the president: it is like robinhood in reverse. [ laughing ] >> reporter: it is romneyhood. >> the president used the robinhood, romneyhood last night in connecticut after the nonpartisan tax policy institute released a report saying romney's proposal would create a tax increase for the middle class. >>> gay marriage activists are planning to storm starbucks and other businesses to support companies actively supporting same-sex marriage one week after record sales during chick-fil-a's appreciation day. other businesses besides starbucks gay marriage activists are calling for people to support include nike and amazon.com. >>> amazon taking page out of textbook rental business. >> jane king with that and the fight between apple and google spreads to youtube. >>> yes. good morning. if you have an i
. >>> president obama has a new attack line in his stump speech and it targets mitt romney and his tax proposals. >> the president: he would ask the middle class to pay more in taxes so he could i go another $250,000 tax cut to people making more than three million dollars a year. [ booing ] >> the president: it is like robinhood in reverse. [ laughing ] >> reporter: it is romneyhood. >> the president used the robinhood, romneyhood last night in connecticut...
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new poll showing where the tax hurt stands and us, r >>> welcome back. still tracking our rain i am good morning still have east bay valleys, santa clara valley and santa cruz mountains now monterey bay starting to get into more steady rain through about 9:00. east or south expect it to be wet today. it is going to start to dissipate late during the afternoon, 73 fresno, scattered showers in the sierra. upper 60s around element a, san diego. palm springs 87°. >>> let's check in with that southern california boy and find out what is going on. >> one who is currently living in new york, josh elliot. happy to hear you are getting some of your trains back. >>> yeah. i would take the coastal fog in southern california right now and not look back, not think twice about it. great to be with you. everybody in the bay area, you are right that is a great piece of news we have today limited subway service in the city, back up and running, shocking when you think 50 miles of tracks were damaged, flooded out, as hurricane sandy struck. we will be continuing our cove
new poll showing where the tax hurt stands and us, r >>> welcome back. still tracking our rain i am good morning still have east bay valleys, santa clara valley and santa cruz mountains now monterey bay starting to get into more steady rain through about 9:00. east or south expect it to be wet today. it is going to start to dissipate late during the afternoon, 73 fresno, scattered showers in the sierra. upper 60s around element a, san diego. palm springs 87°. >>> let's check...
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the forecast says the new tax -- tax revenues under prop 30 will slow economic growth but will not derail recovery. unemployment is one example jobless rate in california should average 10 1/2% by the end of the year improved to 9.7% in 2013 and fall to 8.4 in 2014. meanwhile, great news on home prices. they have surged more than 6% in one year, the biggest jump in six years. the median home price up $18,000 to $178,600. california is one of the top 10 states where prices are rising the fastest. just crossing the wires this morning, labor department reports u.s. workers were more productive this summer, they cost their companies less, that's good. banks are seeing profits again and starting to lend money a little more freely. katie marzullo, abc7 news. >>> another starbucks may pop up around the corner. the coffee giant is expected to announce today that it is planning to add at least 1500 in the united states over the next five years. the plan will boost the number of starbucks in the country by 13%. the seattle-based company says it will serve a new brand of tea worldwide. starbucks wil
the forecast says the new tax -- tax revenues under prop 30 will slow economic growth but will not derail recovery. unemployment is one example jobless rate in california should average 10 1/2% by the end of the year improved to 9.7% in 2013 and fall to 8.4 in 2014. meanwhile, great news on home prices. they have surged more than 6% in one year, the biggest jump in six years. the median home price up $18,000 to $178,600. california is one of the top 10 states where prices are rising the...
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brown flew to las vegas yesterday to join 1400 school workers and their delegates and push for his tax plan. california convention officials our state economy could have benefited from the estimated $5-10 million spent on the convention. union leaders say the meeting was held in vegas because hotels there offered cheaper rates. >> katie: a new report shows that california republican party is up to half a million dollars in the red. that is big reversal from 2009 when according to the party's former chief operating officer the state party had a $250,000 surplus. the shortfall is so severe they plan to close the sacramento office and lay off staff. some staff workers are being asked to continue working as volunteers. >>> today police in one peninsula city will be cracking down on drivers who don't obey crosswalk rules. police in burlingame have a special enforcement detail. they will be looking for drivers that fail to yield to pedestrians. they will be at several locations in the city. police department says drivers failing to give pedestrians crosswalk the right of way is a common comp
brown flew to las vegas yesterday to join 1400 school workers and their delegates and push for his tax plan. california convention officials our state economy could have benefited from the estimated $5-10 million spent on the convention. union leaders say the meeting was held in vegas because hotels there offered cheaper rates. >> katie: a new report shows that california republican party is up to half a million dollars in the red. that is big reversal from 2009 when according to the...